Shanti Spintex reported a consolidated net profit of ₹991.10 lakh for the financial year ended March 31, 2026, driven by its textile and renewable energy segments. The company recorded revenue from operations of ₹70421.36 lakh for the period. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026.

The statutory auditors, Anil S. Shah & Co., issued an unmodified audit opinion on the financial results. The auditors confirmed that the consolidated financial results give a true and fair view of the company's financial position. The report includes the financial results of subsidiary Teesta Spintex Private Limited, which was acquired during the year.

Consolidated Financial Performance

The company’s consolidated financial results for FY26 reflect the performance of both the parent entity and its subsidiary. The following table outlines the key financial metrics for the year ended March 31, 2026, compared to the prior period.

Segment Reporting

Shanti Spintex operates primarily in the Textile and Renewable Energy segments. The Textile segment contributed the majority of the revenue, reporting ₹70024.33 lakh for the year. The Renewable Energy segment generated ₹397.04 lakh in revenue. The company does not have any geographical segments as all operations are domestic.

Financial Position and Ratios

The company’s total assets stood at ₹23069.90 lakh as of March 31, 2026. Shareholders' funds were recorded at ₹10575.16 lakh. The debt-equity ratio for the period was 0.47, an increase attributed to a rise in borrowings and a decrease in net profit. The return on equity ratio was 0.03, reflecting the profitability relative to shareholder equity.

Board Approvals and Compliance

In addition to the financial results, the Board approved the Corporate Social Responsibility spending for FY26 and the related party transactions for the financial year 2026–27. The Board also authorized participation in consortiums and bidding processes for Corporate Insolvency Resolution Processes before the NCLT. The company confirmed compliance with Regulation 17(8) of the SEBI (LODR) Regulations, 2015, through a certificate signed by the Managing Director and Chief Financial Officer.

Shanti Spintex Limited has scheduled a meeting of its Board of Directors for Thursday, May 28, 2026. The meeting will be held at the corporate office located at A-1601, Navratna Corporate Park, Ambli Bopal Road, Ahmedabad-380058, Gujarat. The agenda includes several key regulatory and financial approvals for the financial year ended March 31, 2026.

Financial Results and Compliance

The primary agenda item is the consideration and approval of the audited standalone and consolidated financial results for the year ended March 31, 2026, along with the Auditor's Report submitted by Statutory Auditors. The board will also review the Compliance Certificate required under Regulation 17(8) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Other compliance-related items include reviewing the Corporate Social Responsibility (CSR) spending for the financial year ended March 31, 2026, and taking note of the Internal Audit Report for the same period. The board will also consider filing the Return of Deposit for the year ended March 31, 2026, with the Registrar of Companies.

Governance and Approvals

The directors will review and approve Related Party Transactions for the financial year 2026-27. The board will also take note of disclosures of interest received by directors in Form MBP-1 and Form DIR-8 received from the directors. General authority will be granted to the directors for various purposes, and authorization will be provided to file necessary forms with the Registrar of Companies and stock exchanges.

Strategic Initiatives

A significant strategic item on the agenda is the consideration and approval of participation in consortiums or bidding processes for Corporate Insolvency Resolution Processes (CIRP) before the National Company Law Tribunal (NCLT). The meeting will also cover standard procedural items such as granting leave of absence and confirming the minutes of the previous meeting.